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Evening Standard
Evening Standard
Vicky Shaw

Some mortgage lenders ‘pause rate cut plans’ amid economic uncertainty

Moneyfacts United States
Swap rates, which have been rising, ultimately shape the deals available to mortgage borrowers, Moneyfacts said (Joe Giddens/PA) - (PA Archive)

Some lenders have pushed pause on planned mortgage rate cuts, according to a financial information website, amid wider economic and global uncertainties as the conflict in the Middle East unfolds.

Moneyfacts said swap rates, which are used by lenders to price mortgages, have been rising in recent days.

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